Top 8 shocking facts about CPF
Here’s a list of top 8 facts that some of us never knew about our CPF! FACT #1: Your CPF interest rate used to be higher at 6.5%. Do you know that our CPF used to earn higher returns? The interest rates had rose to 6.5% between 1975 and 1986, before dropping again. Those were the golden years of our CPF (Chart 1). The CPF...
Transport fare review: What’s missing?
Holland-Bt Timah-MP Liang Eng Hwa (above) proposes that the Govt not increase public transport fares until commuters' confidence in services is restored. I refer to the articles “Up to 1 million commuters to benefit if fare review recommendations are approved” and “Continued affordability of public transport is key: Lui...
Time to check out Olam
When Muddy Waters ends up saying: “My view is that if Temasek decides tomorrow that it wanted out of this investment, it would be game over within months for them, without Temasek’s backstop,” its research director Carson Block told BT late last week.(http://www.businesstimes.com.sg/premium/top-stories/muddy-waters-game-over-olam-if-temasek-pulls-out-20131101),...
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